Case Study: Ironclad accelerates contract review with OpenAI GPT-4

Ironclad uses GPT-4 to simplify the contract review process

Ironclad, a contract lifecycle management platform, sought to revolutionize how legal teams handle contract workflows by leveraging artificial intelligence. Their challenge was to simplify and automate the complex contract review process for their customers, aiming to boost efficiency without replacing human expertise. They explored technology from the vendor OpenAI to bring this vision to life.

Using OpenAI's GPT-4, Ironclad developed its AI Assist™ application. The solution provides automated contract redlining, suggests pre-approved clauses, and allows for ChatGPT-style prompting, all while maintaining critical human oversight. The results were significant, reducing the time for an initial contract review from 40 minutes to just two minutes. This innovation from OpenAI became one of Ironclad's most rapidly adopted features, demonstrating a transformative impact on legal team productivity.

Ironclad

Cai GoGwilt

Chief Architect